Stocks

Bloomberg The world’s major economies that entered 2018 accelerating in sync risk entering 2019 decelerating in sync. The shift is being led by China, where the economy’s weakest performance since 2009 is set to worsen unless a peace can be struck in the trade war with the US. Factory readings from Asia already show a fallout, with Taiwan, Thailand and ...

Bloomberg From the lowest in a decade to the biggest two-day gain — in the same timespan. It’s been a wild ride this week for China’s yuan, whipsawed as concern about a slowdown in the world’s second-biggest economy gave way to optimism that trade tension with the US may ease. The onshore currency closed last week at 6.8870 per dollar, ...

Bloomberg US stocks rallied on the final day of one of the worst months of the bull market, as earnings from Facebook jolted tech shares higher. The dollar added to a 16-month high. The S&P 500 Index headed for the first back-to-back gains of October, paring its steepest monthly drop since 2011 to 7 percent. Strong earnings that had largely ...

Bloomberg For South Korean stock investors, a rebound did little to revive optimism. Sentiment among fund managers remains decisively negative as the benchmark Kospi Index heads for the world’s biggest monthly slide after entering bear territory last week. The nation’s equity market has lost more than $300 billion in value in about a month, with the benchmark dipping below the ...

Bloomberg US stocks reversed early losses as investors shook off disappointing earnings from General Electric and tech shares reversed a sell-off despite fresh data raised conc-ern about the strength of the housing market. Treasuries fell and the dollar rose. The S&P 500 Index climbed, although its drop from a September record still hovers near 10 percent, putting it on the ...

Bloomberg Italian bonds dropped as disappointing economic growth and a tepid debt sale damped investor enthusiasm. The securities snapped a three-day rally after the nation’s growth stagnated in the third quarter and sale prices for 10-year debt at the Treasury auction were below market levels. The weaker average sale price reflected fragile investor sentiment after rating agencies cut their view ...

Bloomberg US stocks rose amid deal news, as major averages pared losses after a brutal month of selling. The dollar advanced versus the euro as political uncertainty hit Germany, while Treasuries edged lower. The S&P 500 headed for just its sixth advance in October and remains on track for its worst month since 2010. The Nasdaq indexes outperformed after IBM’s ...

Bloomberg Cboe Global Markets Inc. is looking to shake up stock-market pricing when it starts handling shares of Polish, Hungarian and Czech companies next month in a move breaking up near-monopolies among eastern Europe’s largest exchanges. Cboe, the largest share-trading platform in western Europe since the acquisition of Bats Global Markets in 2017, has been meeting local brokerages in the ...

Bloomberg Surging profits, a humming economy, lower Treasury rates. The things that used to rev up the stock market are no longer able to get its motor running. Suddenly it seems like everything is a headwind. The Federal Reserve is raising rates. Cost pressures are percolating. Valuations are under siege and a decade-long bull market is at stake. Rather than ...

Bloomberg The optimism sweeping Brazil’s stock market has reached nose-bleed levels. Analysts are predicting massive gains over the next 12 months on the back of Jair Bolsonaro’s likely win in this weekend’s presidential runoff, saying that he could send stocks to unprecedented highs if he aggressively pursues measures to shore up government finances. The right-wing lawmaker and his economic adviser, ...